Jsi Research & Training Institute, Inc. 401(k) Review & Grade
Jsi Research & Training Institute, Inc. 401(k) Plan
Boston, MAProfessional, Scientific & Technical Services823 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,574Employer $ per active participant
$8,997Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$238.1MNet plan assets, end of year
$190,653Average balance per account
Score breakdown
- Employer generosity43.8 / 5088th percentile for employer $ per participant
- Low cost22.3 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 89th |
| Employee saving | 49th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $36,568 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jsi Research & Training Institute put in about $8,574 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,056,068 |
| Participant (employee) contributions | $7,404,718 |
| Other contributions (incl. rollovers in) | $1,319,177 |
| Administrative expenses paid from the plan | $97,302 |
| Investment advisory & management fees | $98,440 |
| Benefits paid out | $21,609,034 |
| Net assets, start / end of year | $204.2M / $238.1M |
| Active participants, start / end of year | 837 / 809 |
| Participants with account balances | 1,249 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Caron & Bletzer, PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $96,681 reported compensation |
| Morgan Stanley | $90,060 reported compensation |
| Caron & Bletzer, PLLC | $15,600 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014121709NAL0001361587001, received 2025-10-14, EIN 04-2679824, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.